Former GE chief Jeff Immelt has announced that he has "decided not to pursue" Uber's top spot despite reports that he was the leading candidate. Morale at Uber has plummeted in the wake of eight months of controversy, including reports of widespread discrimination and sexual harassment, lawsuits that threaten the company's future, a leadership vacuum, and the ouster of chief executive and co-founder Travis Kalanick.
Uber has been run by a committee of 14 senior executives since Mr Kalanick's departure in June. Other Uber investors have lashed out at Benchmark and tried to get the firm to forfeit its board seat. "I have accepted the investors' request to step aside so that Uber can go back to building rather than be distracted with another fight", said Kalanick in a statement. In its filing, the firm stated, "It has been widely reported that Mr. Kalanick's behavior has caused potential CEO candidates to withdraw from consideration". In the suit and in a letter later published to employees, Benchmark alleged that Kalanick was interfering with the search for a new CEO and was trying to get himself reinstated.
More significantly, in February, a former Uber engineer described in a blog post how she was sexually harassed and the company did nothing to investigate her complaints.
Khosrowshahi has been CEO of Expedia since August of 2015.
Khosrowshahi has headed up Expedia since 2005, after serving as the chief financial officer of IAC for seven years.
Ruling TDP leading in Nandyal Bypoll
The TDP's Bhuma Brahmananda Reddy defeated his nearest rival, Silpa Mohan Reddy of the YSR Congress party , by over 27,466 votes. After all the rounds of the counting process, the Nandyal Bypoll election results will be out soon.
Sources close to Meg Whitman said she has not been informed of any choice nor had the board agreed to some the the things she was asking for to take the job. After Whitman was chased away, Kalanick reportedly told several people that he was "Steve Jobs-ing it", a reference to how the Apple co-founder was ousted from his company but later returned to lead it.
Uber's crises have failed to knock the company's business off course, with revenues surging in the second quarter. He is also on the board of the New York Times Company and sports merchandise company Fanatics Inc.
But he also took responsibility for the company's current situation saying he needed "to become a better leader".
Kalanick had responded to the lawsuit but the issue has now been escalated by Benchmark. (In one infamous episode that was caught on video earlier this year, Kalanick unloaded onto an Uber driver who criticised the company's wages).
U.S. markets ended on Friday on a modestly positive note, with the S&P 500 gaining 0.17 per cent, or 4.08 points, to 2,443.05. Market volatility had been at its lowest since 2005, but this massive sale of gold pushed stock futures higher.
But it was not until the stroke of tea that Windies lost their third wicket when Brathwaite edged Moeen Ali to Stokes at slip. Hope took the bulk of the plaudits after becoming the first man ever to make two tons in a first-class game at Headingley.
My fans and supporters, I apologise. "I had a chance to make the weight but I knew I couldn't make it and that is that". Davis pushed away Fonseca who stayed on his knees holding his head as the referee counted him out.
The extended break has helped Federer redeem his career, with victories in two out of the three majors in 2017. Murray did travel to NY but, after a week of practice, he decided he was not fit enough to do himself justice.
Bawana bypoll in Delhi: Arvind Kejriwal-led AAP made a comeback in Delhi politics by scoring a massive victory in Bawana bypoll. Chief minister Parrikar was the BJP candidate in Panaji and he romped home almost 5,000 votes ahead of his nearest rival.
Apart from that, Jurgen Klopp's side have also recruited Andrew Robertson from Hull City and Dominic Solanke from Chelsea . It's easy when there is no pressure playing in mid-table where you can win today, lose tomorrow.
So, here is an in-depth statistical analysis of each player and what they will bring to Antonio Conte's squad. He said: "Yesterday we told you a fee had been agreed with Chelsea and Liverpool are not out of this yet".
It worsened, as 34 investors sold Kite Pharma Inc shares while 43 reduced holdings. (NASDAQ: KITE ) opened at 178.05 on Tuesday. The company was founded in the USA by Israeli-American Professor Arie Belldegrun , who already has two exits to his credit.
On the front, there is display as well as the power button which also holds the fingerprint scanner to unlock the smartphone. Many users do not prefer to purchase a big-screen model because it is not easy to carry easily .
The invite gives little information about the phone - but it does hint at the presence of a dual-camera setup. Xiaomi Mi 5X has already been launched in China , so its specifications and features are known to the public.
Army Corps to open dams to stem Houston flooding
When officials chose to carry out the controlled releases they said doing so would mitigate damage to surrounding neighborhoods. The coast guard said it had rescued more than 3,000 by boat and air, and was taking more than 1,000 calls per hour.
15 seniors rescued after Harvey floods nursing home
He told ABC News he doesn't believe the rescue would have been possible without all the attention the photo received. In his next tweet, he wrote: "Latest update on La Vita Bella home in Dickinson, TX.On "purple" high priority list".
Lions QB Matthew Stafford Becomes Highest-Paid NFL Player
Earlier this month, Lions general manager Bob Quinn indicated the two sides were not close in working towards an extension. On January 19, 2015, it was announced that Stafford was selected to the 2015 Pro Bowl, his first Pro Bowl appearance.
Brexit Latest: UK warned over speed of negotiations
Davis said Monday this week's talks were all about " driving forward the technical discussions across all the issues ". The proposal would mean accepting the free movement of labour beyond the official Brexit date of March 2019.
Trump Defends Pardoning Former Sheriff Arpaio
Trump described Apaio as "loved in Arizona" despite the fact that only 21 percent of state residents approved of his pardon. Trump characterized Arpaio as "very strong on illegal immigration".
Mexico Refuses To Negotiate NAFTA Over Twitter
At times his aides suggested Mexico would pay for it through new tariffs or with a tax on remittances sent back to Mexico . NAFTA is an agreement signed by Canada, Mexico and the U.S. to create a trilateral trade bloc in North America.
New chief challenged to steady the wheel at Uber
He has been steering the travel-bookings-based website since, taking it from a $15 billion venture to a $72 billion global brand. Expedia Inc .'s stock ( EXPE :OTC) was up 32 percent in the Trump bull market this year before the Uber news leaked.
Taylor Swift takes on critics in new video
Still, it's better than " Look What You Made Me Do " - and that's as good a reason as any to listen to it. According to the latest Spotify data, the Swift smash has been streamed 23 million times.
Murray pulls out of US Open, may miss rest of season
Should Bouchard win that, No. 4 seed Elina Svitolina (+1000) is likely up next. "I missed it past year ". Add in Murray, and that means five of the top 11 men in the ATP rankings will be absent when the U.S.
Kenya Enforces World's Toughest Law Against Plastic Bags
There are two categories of plastic bags that have been banned under the Environment Manufacturers and Co-ordination Act. Those bags are coming from 30 plastic manufacturers who sell the products for a total of $406 million per year.